Starting with just 1 SOL, you could reach 128 SOL if you consistently take profits at 2x.
Starting with just 1 SOL, you could reach 128 SOL if you consistently take profits at 2x. This simple, nearly foolproof strategy can greatly improve your trading success. Many traders miss out on 10-20x gains by forgetting the basics and chasing huge profits, ultimately giving up because they don't manage their trades well.
So, what do I mean by undershooting profits? For example, a trader might hold out for a token to 100x but end up locking in a loss or only a small gain when it doesn’t skyrocket. Here's how to avoid that: always take profits at 2-5x and leave a "moon bag" (a small amount in case the token takes off later). You’ll find this approach leads to more wins compared to holding out for unrealistic gains.